Clean Coal Technologies Reaches Settlement with SEC

November 21, 2012 04:08 PM Eastern Standard Time

NEW YORK--(BUSINESS WIRE)--Clean Coal Technologies, Inc. (OTCQB: CCTC) (PINK: CCTC) (“Clean Coal”),
an emerging cleaner-energy company utilizing patented technology to
convert raw coal into a cleaner burning and more efficient fuel, today
announced that it has reached a settlement in a case filed by the
Securities and Exchange Commission (“SEC”) on June 4, 2012 in the United
States District Court for the Southern District of Florida against Clean
Coal and its former CEO and president, Douglas Hague, alleging
involvement by Mr. Hague in two fraudulent transactions of restricted
stock in 2009 during his time as CEO and president of Clean Coal. Under
the terms agreed to by Clean Coal and the SEC, Clean Coal, without
admitting or denying liability, would pay a civil penalty of $25,000 and
would be permanently enjoined from violating certain securities laws.
The settlement remains subject to approval by the United States District
Court for the Southern District of Florida, which must approve its terms
and enter the final judgment.

About Clean Coal Technologies, Inc.

Clean Coal Technologies, Inc., a cleaner-energy technology company with
headquarters in New York City, NY, holds patented process technology and
other intellectual property that converts raw coal into a cleaner
burning fuel. The Company's trademarked end products, “Pristine™” coals,
are significantly more efficient, less polluting, more cost-effective,
and provide more heat than untreated coal. The principal elements of the
Company’s pre combustion technology are based on well-proven science and
tried-and-tested industrial components. The Company’s clean coal
technology may reduce some 90% of chemical pollutants from coal,
including Sulfur and Mercury, thereby resolving emissions issues
affecting coal-fired power plants.

In addition to historical information, this press release may contain
forward-looking statements that reflect the Company’s current
expectations and projections about future results, performance,
prospects and opportunities. These forward-looking statements are based
on information currently available to us and are subject to a number of
risks, uncertainties and other factors that may cause actual results,
performance, prospects or opportunities to be materially different from
those expressed in, or implied by, such forward-looking statements. You
should not place undue reliance on any forward-looking statements.
Except as required by federal securities law, the Company assumes no
obligation to update publicly or to revise these forward-looking
statements for any reason, or to update the reasons actual results could
differ materially from those anticipated in these forward-looking
statements, even if new information becomes available, new events occur
or circumstances change in the future.